Gross Waddell ICR is pleased to offer to the market this significant development opportunity located at the gateway to the inner-north and in arguably Preston’s most coveted location. This collection of properties is being offered for sale as a whole or individually. Key features include: • A collection of 5 properties offered as a whole or individually with land areas ranging from 204sqm* to 4,134sqm* • High exposure corner site with over 122m* frontage to Bell Street and High Street • The total site has access points and frontage to 4 streets • Existing buildings on 4 properties allowing for short term holding income • Favourable Priority Development Zone (PDZ) which encourages the use of high density development • Earmarked for a proposed 10 storey development under the Preston Central Draft Structure Plan • Surrounded by an abundance of retail/shopping amenities including Preston Market, High Street retail precinct and Northland Shopping Centre • Easy access to public transport amenity including Bell Train Station and tram stops along Plenty Road providing direct access to the Melbourne CBD Preston Gateway is being offered for sale via Expressions of Interest closing on Wednesday 4th December 2024 at 2pm. For more information or to organise an inspection, please contact Gross Waddell ICR directly. *Approx.
